John what was the reason for him to kill the stock and send it to the grays? That’s the death of all Penny Stocks. The logical thing to do would be continue having it trade and once you’re in production making profit, shut it down and issue the shares and pay off the debt. And for him not to tell us that was his plan is another thing. I feel like we MDMN shareholders got f’ed!
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A couple years ago that outfit wanted the stock symbol and ran up the stock to .01 nearly. Should have fugured out a way to negotiate a deal then and get a conversion
No idea but I presume they didn’t want to spend the small amount of money to keep the financials current. Again, this could have been a reasonable decision if they immediately issued the shares but now, with the “off market” trading, and existing investors trapped, its a very unfortunate outcome.
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That’s a sentiment I can relate to Hulk, lol 
This vacuum of info is maddening, so I just try to take comments here with a litthe skepticism. Opinions mentioned here have some valid points about the MDMN share conversion; assuming they’re backed by official info. I’ve yet to read an update telling us the conversions are at hand. Still, the comments remain speculative even in the absence of full transparency. Some try to pass their negative spin as if it’s factual.
Estimates of low production, extended overvalued share price and insinuations that management doesn’t know what they’re doing are guesses at best, imo. I don’t recall Auryn providing specific details about the financing/service agreement. The Jan 2025 update notes that Auryn Chile SpA’s service agreement with Ameco Chile SpA (affiliate of S.A.C.) is worth up to $20 million over a five year period. That’s it.
I see Wizard’s input as having more weight to it as opposed to some other posts. I’m not just looking for the easiest or most profitable opinion that benefits me. I value Wizard’s opinions because of his history with MDMN as CEO and his honesty.
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How about some transparency on the Les Price legal case? Why wasn’t his estate (upon his passing) probated for the dmages? Why doesnt Greg Chapin be forced to pay off the rest of the debt since he failed his fiduciary repsonsibility as the fraud took place under his nose? This is all becoming very ridiculous, what a slap in the shareholders face not to at least keep the stock trading.
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Wow gold at $3,030, but we cant pay to keep MDMN trading. Yes we know, its not AUMC’s problem right Wiz? They just get to put out 8+ years of missed targets and take the asset. Maurizio’s father in law sat by while Les defrauded MDMN shareholders. We should all feel comfortable, right?
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What a deal ! 50,000 MDMN shares just sold for 5 cents !!! I think most of us paid more than $0.000001 for a share 
Hey Rod… how can you sell shares if nobody can buy shares? Thanks…
Remember when this mine was worth a fortune when Gold was at $1,800oz? 
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Hey Jimmy, how much is that pile of dirt worth now? How much would MDMN be at if we were still trading? Oh that’s right it’s a graveyard stock now 00000000.
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Can I buy shares in the grey market?
As it is not an official market, trading in the grey market is often carried out over phone calls. There are no such official registered persons or traders for grey market trading. An investor willing to trade in the grey market needs to find a local dealer who will help find the buyers and sellers.
The only reason I can see to go through this process is to be able to declare a tax loss. It will probably cost you additional money since you get virtually close to $0, but will have to pay a commission.
I’ve never tried a Buy on the grey market, but I assume most if not all brokers will not allow you to buy. (There are a lot of normal OTC stocks [not on the grey market] that brokers will not allow you to buy). Usual reasoning ‘for your own good’, i.e. you’re not a sophisticated investor.
Another 238,700 shares @ 0.000001. Not bad, a Quarter Million shares for 24 cents ! Thanks AURYN. Would you like us to bend over a little more ?
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These guys really put my money to sleep.
Rod, thank you very much for your reply!
A fortune. Wiz said we will be producing in July. Lets see
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Gold just broke 3100. That stockpile is becoming more of a fortune 
Approaching a point where its impossible for them to f**k up. Thats the best insurance policy we can have.
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How about Medinah’s Auryn shares be sold in a private sale to the highest bidder, with shareholder consent via a vote. We can set a minimum price. That clears up any need to do the share distribution and we can put Medinah to bed. If a major wants a piece, they can buy those shares in one block.
Im assuming the cash distribution/dividend from the sale wouldnt be an issue? Thoughts anyone?
How does anyone know if they are or aren’t processing ore and reporting to us?
The distribution of AUMC shares is most likely a nightmare scenario for mms since there are so many more mdmn shares owned than originally issued
This could have caused one hell of a short squeeze if true but that dream has been taken away with mdmn being locked up
Like we were told in Vegas, all mdmn shareholders would be treated the same!
We’ve all been screwed to date
Some people have lost hundreds of $s, some thousands of $s, some hundreds of thousands of $s and some even into 7 figures
Will AUMC actually produce, probably but will benefit AUMC
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We just reached the end of Q1, hopefully we will get an update soon that might help clear up some of these questions.
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